The conversation touched on many of the key attributes of leadership for sustainability -- the need for compelling vision, strategy, goals, effective communication, listening, engagement, and much more. An archive of the webinar is available on GreenBiz; definitely worth checking out.

The promotional video for the new master's program is also great for learning more:

Thursday, August 15, 2013

Greenpeace just released a new video aimed at keeping President Obama honest on the contents of his recent powerful speech on climate change, pointing out continued policies that give away coal from public lands for cheap export to China:

Saturday, August 03, 2013

I recently published the following piece for Second Nature's @edu column on GreenBiz.com. Read the full article here.

Will campus activism reach the C-suite?

Something's brewing on college campuses that soon may affect corporate sustainability professionals in all industries.

During the past year, a groundswell of action demanding that college and university endowments sell their holdings in fossil fuel companies has brought environment, social and governance (ESG) issues to the fore. Driven in large part by 350.org, the fossil fuel divestment movement has sprung up on more than 300 hundred campuses and is spreading to cities, faith organizations and beyond.

The latest news: Sterling College -- a small, private liberal arts college in Vermont -- has completed its divestment from the fossil fuel industry. While Sterling is small, with only about 100 students and an endowment of approximately $1 million, it provides more evidence that divestment is possible and relatively straightforward.

Do your homework

Common initial comcerns about divestment include that it is costly, complicated and requires investors to sacrifice returns. To divest, Sterling College chose a fossil-free option that Trillium Asset Management has offered clients for over a decade. “Those who say divestment is not possible haven’t done their homework,” said Matt Patsky, CEO of Trillium.

Trillium’s fossil free option replaces screened companies with similar investment characteristics (e.g. similar beta and return on equity). The result is a fossil-free option that doesn’t sacrifice returns. Recent reports from Impax Asset Management (PDF), MSCI (PDF) and Aperio Group(PDF) support the claim that removing fossil fuel investments from portfolios has a negligible impact.

Sterling is one of just six colleges to commit to divestment to date, along with Hampshire, Unity, Green Mountain, San Francisco State and College of the Atlantic. But many others are considering it.

Divestment highlights the moral hazard of our fossil fuel based economy for institutions that understand the devastating implications of climate change, yet support fossil fuel production as shareholders. This is a particularly difficult challenge for college and university endowments, designed to benefit institutions and students over the long term, in perpetuity. How is it justifiable to risk the fundamental resilience of our society from climate change impacts in the name of potentially higher financial returns? (Particularly when the data suggest those higher returns are negligible, if they exist at all.)

A moral paradox

Divestment proponents recognize that fossil fuel companies are unlikely to stop mining and drilling because some investors sold their shares -- others will buy them. But the movement highlights this moral paradox. And even if no other schools divest, it has sparked conversations on campuses across the country about a range of other ESG investment strategies.

And this could have dramatic implications across all industries -- not just fossil fuel companies. Every company currently has some responsibility, in one way or another, for greenhouse gas emissions and a wide range of other sustainability challenges such as water use, toxic chemicals, and labor and human rights issues. But those that are proactively implementing strategies that help move society towards sustainability can avoid risks and seize opportunities for innovation, attracting top talent and enhancing shareholder value...